VanEck Retail ETF (NASDAQ:RTH) Stock Falls 0.5% – What’s Next?

Shares of VanEck Retail ETF (NASDAQ:RTH – Get Free Report) were down 0.5% on Tuesday. The stock traded as low as $265.84 and last traded at $266.5260. 4,679 shares were traded during mid-day trading, a decline of 10% from the average daily volume of 5,215 shares. The stock had previously closed at $267.78.

VanEck Retail ETF Stock Down 0.5%

The firm’s 50-day simple moving average is $260.30 and its 200 day simple moving average is $260.87. The firm has a market cap of $247.87 million, a P/E ratio of 23.92 and a beta of 0.85.

Institutional Investors Weigh In On VanEck Retail ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Monetary Solutions Ltd lifted its holdings in VanEck Retail ETF by 3.0% during the 3rd quarter. Monetary Solutions Ltd now owns 1,720 shares of the company’s stock worth $431,000 after buying an additional 50 shares in the last quarter. Rockefeller Capital Management L.P. bought a new position in VanEck Retail ETF in the fourth quarter valued at approximately $25,000. Private Advisor Group LLC grew its holdings in VanEck Retail ETF by 5.8% during the 1st quarter. Private Advisor Group LLC now owns 1,890 shares of the company’s stock worth $474,000 after acquiring an additional 104 shares during the period. Latitude Advisors LLC bought a new stake in shares of VanEck Retail ETF during the 3rd quarter valued at $45,000. Finally, Ameritas Advisory Services LLC acquired a new position in shares of VanEck Retail ETF in the 2nd quarter valued at $114,000. Institutional investors own 25.85% of the company’s stock.

About VanEck Retail ETF

(Get Free Report)

The VanEck Retail ETF (RTH) is an exchange-traded fund that is based on the MVIS US Listed Retail 25 index, a market-cap-weighted index of the 25 largest US-listed companies that derive most of their revenue from retail. RTH was launched on May 2, 2001 and is managed by VanEck.

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